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Switchfast Blog: The Future of IT

Strength in Small Business IT Brings Strength in Innovation

Wednesday, June 23, 2010 by Matt Hymel

Consumer technology has stolen the spotlight over recent years. The evolution of social media and mobile communications has transferred power from big businesses to consumers. The tools of workplace efficiency and the field of enterprise software have steadily grown into a system of user-friendly business-capable selections. The road to success relies heavily on how familiar and comfortable your employees are with their respective enterprise tools. With diversity in technological preference, the opportunity for innovation exposes employees' drive and determination.

In a recent study done by IBM and the Securities Industry and Financial Markets Association (SIFMA), an article over at Networkworld.com points out that a good percentage of financial enterprises are preparing for higher investments in IT. Here are some of results according to 240 Wall Street IT professionals and business managers, ranging from large and small firms:

  • Half of the firms plan on devoting 20-30% of their 2010 (and 2011) IT budgets to 'new initiatives', a separate dedication from normal maintenance and upgrades
  • 61% expect to invest more in cloud computing, 47% more on mobile technologies
  • 90% plan to increase spending in technology risk analytics, or "building intelligence around risk," according to the article
  • 90% plan on outsourcing one or more processes

The data shows that companies grow more confident in the direction of the economy and the benefits of IT investments. Employees are combining their daily, personal get-it-done techniques and programs with their work tasks and seeing a productivity increase. As consumers carry their do-it-yourself methods over to the workplace, businesses try to monitor security and fragmentation without stunting enterprise innovation.

An excellent article from ZDNet.com written by Ted Schadler speaks of these innovation possibilities - and the steps it takes to accomplish a stable, accomplished IT setup that "empowers" employees and customers. The title of the article speaks for itself: "Empowered customers need empowered employees need empowered IT."

He explains that 37% of US information workers (defined as employees that use computers for work) use do-it-yourself technology to get work done, including programs like Skype, Google Docs, or Smartsheet.com. While IT may struggle to keep up with all these advancements, Schadler reiterates that "people are problem solvers," and this idea of do-it-yourself technology is "covert innovation - employees solving business problems at the ground level, being productive by harnessing new tools."

What does this all mean for small business? IT is the first step in the empowerment transition - Keep your IT secure, flexible, and advancing. Employees will explore efficiency tools inside and outside the workplace, using the clearest, simplest method to solving business problems. IT companies must be able to adjust to your specific environment and the tools needed to succeed - whether they are more or less traditional.

As Schadler points out, "the challenge is to support innovation while keeping the company safe." An empowered IT organization working under a refreshing, stable set of principles will provide just the right level of empowerment to keep your employees efficient.

Until Next Time -

Matthew Hymel

 

Switchfast Technologies
Chicago IT Support & Consulting
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